Alto Ingredients Inc (ALTO)

[Rule_62]

News loves an attention-getting headline, doesn't it? Few read that far into an article, and the shills for the shorts will only pump the headlines, not the story. I suspect the raid will continue for a day or two yet. Fine by me if those who are governed by fear get sucked into by the bears into shorting, I'll be buying. They'll get their wake-up call when the Q3 numbers come out.

It's just like the fear mongering around the weather last week. Institutional traders know the real story, but will gladly play the panic and herd the ignorant into selling well below a realistic share value. It's even referred to in this story for those who actually read that far (oops, the finally get around to mentioning that small fact a week late, and still buried at the bottom of the article)

"Recent weather mostly has remained favorable for farmers, with broad stretches of the Midwest and northern Great Plains getting more rain than usual in August and damaging heat waves largely absent. While the threat of an early frost has arisen in patches of the upper Midwest in recent days, many traders expect that cold weather could do only marginal damage to domestic crops at this point in the growing season."
Grain, Soybean Futures Fall to 4-Year Lows on Record Crop Forecasts